This property might be a fair Mid-Term investment with a projected 4.32% first-year return on $70,584 initial cash invested.
4.32%
Cash On Cash
8.25%
Cap Rate
1.28
DSCR
$3,134
Rent
$254
Cashflow
Cash Flow
$3,134 income − $2,880 expenses = $254 cash flow
Investment Breakdown
|
Purchase Price
$250k
Downpayment
20.0%
Interest Rate
7.1%
Mortgage Duration
30yr.
Cash To Invest
Total
$70,584
Downpayment
20%
$50,080
Closing costs
1%
$2,504
Rehab
0%
$0
Furnishing
7%
$18,000
Cashflow
Total Income
$3,134
Total Expenses
$2,880
Mortgage P&I
43%
$1,342
Property Taxes
12%
$382
Home Insurance
3%
$91
HOA
0%
$0
Property Management
12%
$376
CapEx
4%
$125
Vacancy
3%
$94
Maintenance
4%
$125
Other
11%
$345